European stocks under pressure at open, as global market turmoil continues
Global markets have been swinging between gains and major losses over the past week, as concerns over higher interest rates continue to dwell on investors' minds.
After Europe's close on Thursday, Wall Street finished its session sharply lower, despite solid earnings, with the Dow Jones industrial average sinking over 1,000 points, closing down at 23,860.46 entering correction territory.
The moves on Wall Street consequently dampened the mood in Asia, with markets falling deep into the red on Friday. Investors are therefore keeping a firm eye on market movements, to see if certain indexes go into correction.
To add flame to the fire, in the late hours of Thursday evening, it became apparent that parts ....